According to Simon's Theory of Bounded Rationality, People Tend to Use

question 183

Multiple Choice

According to Simon's theory of bounded rationality, people tend to use

• A)simple strategies in decision making that focus on only a few facets of available options and often result in irrational decisions that are less than optimal.
• B)complex strategies in decision making that focus on multiple facets of available options and often result in irrational decisions that are less than optimal.
• C)simple strategies in decision making that focus on multiple facets of available options and often result in rational decisions that are optimal.
• D)complex strategies in decision making that do not focus clearly on enough facets of available options and often result in irrational decisions that are less than optimal.

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Definitions:

Municipal Services

Public services provided by local governments, including water supply, sewage treatment, waste management, and more.

Cluster Housing

A residential development design where homes are built in close proximity to each other, often around shared open space, with the goal of preserving natural environmental features and providing a sense of community.

High-Density

Refers to a high level of mass per unit volume, often used in the context of populations, materials, or data storage.

Common Space

Areas accessible and used by the public or a community, including parks, shared gardens, and public squares.